El Brocal’s $161.8 Million Loan


Payet, Rey, Cauvi, Pérez and García Sayán advised on the deal

El Brocal secured a $161.8 million loan from Banco de Crédito del Perú.

Credicorp Capital Servicios Financieros acted as structuring agent on the deal.

Sociedad Minera el Brocal SAA extracts, processes, and markets polymetallic minerals such as lead, silver, and zinc. The Company, led by Jose Miguel Morales Dasso, Roque Benavides Ganoza and Leandro Luis Martin Garcia Raggio, explores for minerals in a mining region in Pasco, Peru. In 2018, Sociedad Minera el Brocal SAA recorded $332.3 million revenues.

Payet, Rey, Cauvi, Pérez advised Banco de Crédito del Perú – BCP and Credicorp Capital Servicios Financieros S.A. with José Cúneo (Picture), Giovanna García and Mario Lercari.

García Sayán advised Sociedad Minera El Brocal S.A.A. with

Alfonso Tola Rojas and Edgardo Portaro.

Involved fees earner: Edgardo Portaro – García Sayán Abogados; Alfonso Tola Rojas – García Sayán Abogados; José Cúneo Galdós – Payet, Rey, Cauvi, Pérez, Mur; Giovanna García – Payet, Rey, Cauvi, Pérez, Mur; Mario Lercari – Payet, Rey, Cauvi, Pérez, Mur;

Law Firms: García Sayán Abogados; Payet, Rey, Cauvi, Pérez, Mur;

Clients: Banco de Crédito del Perú; Credicorp Capital; Sociedad Minera El Brocal S.A.A.;